Property News

Property news : Lack of rental property to send rent rates higher
The number of people opting for property on lease seems to be mounting by each passing day, only leading to a dearth in the availability of rental property in the country.The Association of Residential Letting Agents (ARLA) said in its quarterly report that the supply of rental property was falling considerably short of the amount of demand for it as people choose to rent rather than buy.

Property news : New organisation builds fears of rent rises among tenants
A leading housing expert from Scotland warned that tenants may be in for a rude shock as huge rent hikes could be on the offing as council homes were now coming under a new landlord.

Property news : Rental property demand rises, prices too high to buy
The property market seems to be cooling off, house prices are stabilising. The borrowing interest rate is frozen and seems static - at least until post election. However, where are the buyers? For answers look to the lettings market. The rentals market is facing an increasing shortage of properties as reported in the latest quarterly survey of the Association of Residential Letting Agents (ARLA).